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The Energy Economy: Practical Insight to Public Policy and Current Affairs PDF

273 Pages·2015·3.4 MB·English
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The Energy Economy The Energy Economy Practical Insight to Public Policy and Current Affairs DaviD J. Robinson the energy economy Copyright © David J. Robinson, 2015. All rights reserved. First published in 2015 by PALGRAVE MACMILLAN® in the United States— a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN: 978–1–137–47169–7 Library of Congress Cataloging-in-Publication Data Robinson, David J., 1966– The energy economy : practical insight to public policy and current affairs / by David J. Robinson. pages cm Includes bibliographical references and index. ISBN 978–1–137–47169–7 (hardback : alk. paper) 1. Energy industries—United States. 2. Energy policy—United States. 3. Economic development—Environmental aspects. I. Title. HD9502.U52R6183 2015 333.790973—dc23 2015002992 A catalogue record of the book is available from the British Library. Design by Newgen Knowledge Works (P) Ltd., Chennai, India. First edition: August 2015 10 9 8 7 6 5 4 3 2 1 To my parents whose love and support made all things possible Contents List of Figures and Tables ix Preface xi 1 Energy Led Economic Development 1 2 Economic Development and Energy Policy 29 3 Energy Supply and Demand 49 4 Energy Led Economic Development Case Study 75 5 Energy Conservation and Efficiency 89 6 Energy as Critical Infrastructure 111 7 Land Use and Energy Led Economic Development 131 8 Building an Urban Energy Center 151 9 Building a Green Economy 173 10 Shale Energy Revolution 193 Notes 215 Index 251 Figures and Tables Figures and Tables Figures 1.1 America’s seven economies and three city-states 3 1.2 Stages of energy led economic development 11 2.1 History of American energy consumption 38 3.1 US energy consumption by source, 2012 51 3.2 Biomass opportunities in the United States 54 3.3 Geothermal resources of the United States 57 3.4 American state shale oil and natural gas opportunities 63 3.5 U nited States land and offshore based annual average wind speeds 67 3.6 Nevada’s energy programs 70 5.1 Share of total energy consumed by economic sectors 93 6.1 Infrastructure example 113 6.2 Top ten lowest energy costs states 115 6.3 Shares of total energy consumption by industry sector, 2010 116 6.4 Utility regulated versus deregulated 50 state map 121 7.1 Keys to successful land banks 144 8.1 Gross area product by industry sector Houston MSA 154 8.2 Houston employment by industry 167 10.1 Energy cost index shale state rankings 210 Tables 1.1 Growth potential for advanced energy sources 7 1.2 Las Vegas top ten employers 21 1.3 US state gaming market 23 5.1 Industrialized nations’ energy consumption per capita basis 94 5.2 Energy efficiency economic incentives 103

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Prolonged economic downturn is forcing policy makers and professors to examine how to improve economic development. State and regional governments are therefore moving from public sector-led strategies to private sector-led strategies to enact substantial business-friendly policy reforms. This view
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